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the hidden cost of delayed retirement

it may be more than you think.
step one

Nearly half of American workers (49%) say they plan to delay retirement for financial reasons, according to a recent study.

 

But what happens when your employees can’t retire on time? Their plans for the future take a hit — and, so may your company’s bottom line.

impact on employees:

  • productivity suffers

  • behaviors that derail retirement savings

  • employees delay retirement

impact on employees:

  • labor costs increase

  • benefit and insurance costs add up

  • lack of advancement for younger workers could increase turnover

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